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Delhi court asks Ranbaxy clan to compromise
New Delhi: A Delhi court has advised Max India chairman Analjit Singh and his sister-in-law Nimmi Singh to arrive at a compromise keeping in mind the business interests of pharma companies -Max India and Ranbaxy.

The additional Chief Metropolitan Magistrate Kamini Lau said she had explained the mediation process and Analjit and his counsels KK Sud and GS Sharma had reposed full faith and confidence in the judicial system.

However, the final decision on the settlement will be taken after the judge hears the Nimmi family on Saturday at 12.30 pm.

Lau also observed that if the parties didn't agree for mediation then the criminal complaints would be dealt on merits.

Meanwhile, Nimmi had filed another criminal complaint before Lau against Analjit alleging criminal intimidation and assault on her on July 4.

On the other hand, Analjit had denied that he had created any situation to assault Nimmi. According to Anlajit, the events were orchestrated at the behest of Nimmi to prevent certain ongoing work at 15, Aurangzeb Road (family house).
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Star objects to government control on broadcast regulator
New Delhi: Star TV India has objected to the central Government's proposal to give its officials executive positions in the proposed Broadcast Regulatory Authority of India (BRAI).
"The independence of the regulator is of utmost importance and should be protected at all costs," said Star's India CEO Peter Mukerjea.

The Supreme Court had also observed that the regulator must be independent, free of Government controls, he said.

The draft Broadcasting Services Regulation Bill prepared by the Information and Broadcasting Ministry, which has come under attack from the media for arming the Government with excessive powers, proposes that the executives of the BRAI be taken from various Government departments.

According to the draft bill, the Secretary of BRAI, who would also be its CEO, would be selected from a panel of "not less than three officers of the rank of Additional Secretary to the Government of India."

Mukerjea was part of the media and entertainment industry delegation, who met Information and Broadcasting Secretary S K Arora on the proposed Broadcast Bill and expressed concern over some of the provisions, dubbed "draconian" in sections of the media.
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domain-B : Indian business : News Review : 24 July 2006 : general